Dwight Capital has successfully closed a $38.4 million HUD 223(f) refinance for Volta at Voyager, an apartment community in Colorado Springs, CO with breathtaking mountain views. The transaction was facilitated by Brandon Baksh and Brian Yee on behalf of Dwight’s client, Mountain View Capital LLC.
Thanks to the Green Mortgage Insurance Premium (MIP) Reduction to 25 basis points, this refinance offers improved financial terms for the property. Volta at Voyager consists of ten three-story buildings housing one-, two-, and three-bedroom units. Residents have access to top-notch amenities such as a fitness center, Amazon lockers, dog spa and park, swimming pool and spa area,and clubhouse. Additionally,the location provides easy access to Interstate 25.
With over $12 billion in its loan servicing portfolio,Dwight Capital is well-equippedto offer various commercial lending options including balance-sheet bridge loans,new construction loans,FHA/HUD-insured loans,C-PACE Financing ,mezzanine financing,and preferred equity solutions.
